Fiscal Year Earnings Estimate on NOW Inc.(DNOW)

NOW Inc.(DNOW): For the most recent quarter end, NOW Inc. reported Annual Earnings of $-0.29. Based on the filings, last years Annual Earnings was, $-1.39. For the most recent quarter end, DNOW reported a surprise Earnings per Share of 19.44% . The consensus estimate for current quarter is $-0.23 and for the current fiscal year, the estimate is $-0.41. For the Next fiscal year, the estimate is $0.28 based on the consensus.

NOW Inc. has received $-0.23 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $-0.31 while the top line estimate is $-0.17 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 34.86%. NOW Inc. reported better than expected with a surprise EPS of 19.44% or $0.07 during its most recent quarterly earnings. The Actual EPS was $-0.29 compared to the Estimated EPS of $-0.36.

NOW Inc Last issued its quarterly earnings results on Feb 15, 2017. The company reported $-0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.34. The company had revenue of $538.00 million for the quarter, compared to analysts expectations of $533.59 million. The companys revenue was down -16.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.25 EPS.

NOW Inc. (NYSE:DNOW) witnessed a decline in the market cap on Wednesday as its shares dropped 3.78% or 0.78 points. After the session commenced at $20.5, the stock reached the higher end at $20.53 while it hit a low of $19.72. With the volume soaring to 956,179 shares, the last trade was called at $19.86. The company has a 52-week high of $23.53. The company has a market cap of $2,135 million and there are 107,478,712 shares in outstanding. The 52-week low of the share price is $13.71.

NOW Inc. is a distributor to the energy and industrial sectors. It stocks and sells a comprehensive offering of products for the upstream, midstream, and downstream & industrial market segments. The Company offers stock keeping units, including pipe, valves and valve automation, fittings, instrumentation, mill and industrial supplies, tools, safety supplies, electrical products, drilling and production equipment, fabricated equipment, and industrial paints and coatings. NOW also provides supply chain management solutions to energy and industrial manufacturing companies around the world. It operates primarily under the DistributionNOW and Wilson Export brands. NOW Inc. is headquartered in Houston, Texas.

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